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Sukanya Samriddhi Yojana Calculator

Calculate returns with current 8.2% interest rate (highest among small savings).

Account can be opened for girls below 10 years
Min ₹250, Max ₹1,50,000 per financial year
Current Govt. rate (Q4 FY 2025-26)

Your Results

Enter details to see how much your daughter will receive at maturity.

SSA Quick Tips
  • Risk-Free: 100% Government backed
  • Highest Interest: 8.2% per annum
  • 15 Years: Only deposit period
  • 21 Years: Full maturity period
  • Flexible Deposits: ₹250 to ₹1.5L/year
  • Tax Benefit: Section 80C (EEE)
Learn More
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Important Disclaimer
This calculator uses the current SSA interest rate (8.2%). Government may revise rates quarterly. Calculations are for educational purposes only.

How to Use This SSA Calculator

1Enter Girl's Age

Select your daughter's current age (must be below 10 years).

2Enter Annual Deposit

Input the amount you can save annually (₹250 to ₹1.5L).

3Calculate

Click calculate to see future corpus at maturity (age 21).

4Analyze

Review the chart and year-wise schedule to plan finances.

Understanding Sukanya Samriddhi Yojana

What is SSA?

Sukanya Samriddhi Yojana (SSY) is a Government of India-backed savings scheme launched in 2015 under the "Beti Bachao, Beti Padhao" campaign. It aims to secure the financial future of a girl child.

Who can open an SSA Account?

Parents or legal guardians can open an account for a girl child below 10 years of age. A family can have maximum 2 SSA accounts (for 2 daughters). In case of twins/triplets, a third account is permitted.

Deposit & Maturity Period

Deposits can be made for 15 years from account opening. The account matures after 21 years from opening OR when the girl gets married after turning 18, whichever is earlier.

Interest Calculation

Interest is compounded annually and credited at the end of each financial year. The rate is reviewed quarterly by the government but changes are usually annual.

SSA vs PPF: Which is Better?

Feature SSA (Sukanya) PPF
Interest Rate 8.2% 7.1%
Eligibility Girl child below 10 years Any Indian citizen
Deposit Period 15 years 15 years (extendable)
Maturity 21 years from opening 15 years (can extend)
Min Deposit ₹250/year ₹500/year
Max Deposit ₹1.5 Lakh/year ₹1.5 Lakh/year
Tax Benefit EEE (80C) EEE (80C)

Frequently Asked Questions About SSA

Yes, a legally adopted girl child is eligible for SSA. The adoptive parents/legal guardian can open and operate the account with valid adoption documents.

If minimum ₹250 is not deposited in a year, the account becomes inactive. To revive it, you need to pay ₹50 penalty per year of default along with the minimum deposit arrears.

Yes, 50% of the balance can be withdrawn once the girl turns 18 for higher education purposes. Proof of admission in a recognized educational institution is required.

If the girl gets married after turning 18 but before 21, the account can be closed prematurely with full maturity benefits. Marriage certificate is required for premature closure.

SSA accounts can be opened at any Post Office or authorized banks including SBI, ICICI, HDFC, Axis, PNB, Bank of Baroda, and other scheduled banks authorized by the government.

No, NRIs cannot open new SSA accounts. If an existing account holder's parent becomes NRI, the account can continue until maturity but no new deposits are allowed after NRI status is acquired.